Industry Analysis

Examining specific industries such as technology, healthcare, finance, and manufacturing, including trends, challenges, and opportunities within each sector.

Finance

Ambeon Capital Secures $18 Million Foreign Loan from UK Firm

Ambeon Capital PLC has announced its decision to secure a loan of up to $18 million from AMCH Ltd., a company incorporated in.

  • March 24, 2025
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Finance

Sri Lanka Secures Second Party Opinion for Green Bonds

Sri Lanka has received the mandatory second party opinion for its green bond framework, a key requirement for issuing the bonds, Bloomberg reported..

  • March 21, 2025
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Finance

Sri Lanka’s Central Bank Promotes Digital Payments in Nuwara Eliya

Sri Lanka’s central bank is set to conduct a digital payments promotion in Nuwara Eliya to encourage the public to register for mobile.

  • March 20, 2025
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Finance

SDB Bank’s 2024 Financials Showcase Resilience and Strategic Growth

SDB Bank, the only private development bank in Sri Lanka, has demonstrated remarkable resilience and financial strength in its 2024 financial year, achieving.

  • March 12, 2025
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Industry Analysis

PMI Reports Growth in Manufacturing and Services Sectors in November

Sri Lanka’s manufacturing and services sectors showed strong growth in November, according to the latest Purchasing Managers’ Index (PMI) data. The manufacturing PMI.

  • December 17, 2024
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Finance

ACCA Sri Lanka Presents Budget Proposals for 2025 to Deputy Minister of Finance

The Association of Chartered Certified Accountants (ACCA) Sri Lanka recently submitted its comprehensive proposals for the 2025 National Budget to Deputy Minister of.

  • December 17, 2024
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the 10th year Anniversary of Nawaloka Medicare hospital at its state-of-the-art, seven-story facility in the heart of Negombo.
Healthcare

Nawaloka Medicare Celebrates 10 Years of Excellence, Honoring Deshamanya H.K. Dharmadasa, Who Has Been Featured on a Commemorative Stamp

Nawaloka Medicare (Pvt.) Ltd., Sri Lanka’s premium healthcare provider, recently celebrated its 10th anniversary at its state-of-the-art facility in Negombo, with the participation.

  • December 5, 2024
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Finance

Sri Lanka’s Central Bank Net Foreign Reserves Turn Positive in October 2024

Sri Lanka’s net foreign reserves moved into positive territory in October 2024, with reserves exceeding reserve-related liabilities by approximately 63 million US dollars,.

  • December 4, 2024
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Finance

People’s Bank Records Rs. 6.4 Billion PAT for Q3 2024, Reflecting Strong Performance

People’s Bank has reported a profit-after-tax (PAT) of Rs. 6.4 billion for the third quarter of 2024, despite the challenging macroeconomic environment in.

  • December 2, 2024
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Finance

Sri Lanka Bondholders Incentivized to Join Exchange, Says CB Governor

Holders of Sri Lanka’s defaulted sovereign bonds have been given sufficient incentives to participate in the exchange launched this week, according to Central.

  • November 28, 2024
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